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Cheap devices and African market to power global smartphone growth
GLOBAL smartphone shipments are losing steam but lower priced devices and the African market are likely to be an engine of growth, says an international research organisation.   The International Data Corporation (IDC) last week forecast that Read More...
Sharjah upbeat on 2016 cruise tourism growth
"Cruise tourists will make a crucial chunk of the visitors to the emirate in coming years as we aim to attract more than 10 million tourists as part of the Sharjah Tourism Vision 2021."   Sharjah Commerce and Tourism Development Authority, or Read More...
Foreigners line up to power Africa
Moscow - With the international community pledging billions of dollars in investments in the energy sector in Africa, prospects of electrifying the homes of more than 600 million African people who don't have access to power have never been brighter.Read More...
Meydan One Mall design to be nailed by Q1 2016
Dubai: The final design and layouts of the Meydan One Mall — which will add a further 5.8 million square feet of retail capacity — is to be confirmed by the first quarter of 2016.   Along with Nakheel’s Deira Islands Mall andRead More...
SIAL Middle East 2015 opens Monday in Abu Dhabi
Abu Dhabi: SIAL Middle East 2015, the region’s fastest-growing professional trade exhibition for food and hospitality industries, opens on Monday at the Abu Dhabi National Exhibition Centre (ADNEC) and runs until Wednesday December 9.   Read More...
Nigeria 'most open economy in Africa'
 At the time when the Nigerian Communication Commission (NCC) imposed a hefty $5.2 billion (R74.57bn) fine against telecoms giant MTN, the country was open to foreign direct investments, Minister of Trade and Investment Okechukwu Enelamah said. Read More...
Kenya: Energy Stakeholders Convene in Nairobi for UN Backed Forum
Government representatives and the private sector from across East Africa are meeting in Nairobi for a conference on sustainable energy (SE4All forum) backed by the United Nations.   The forum seeks to identify areas of potential collaborationRead More...
Brent crude climbs on Saudi proposal
Oil rebounded from the lowest price in more than six years amid speculation Saudi Arabia will propose an eventual output cut when the Organization of Petroleum Exporting Countries (Opec) meets Friday in Vienna. Brent futures rose as much as 2.1 percRead More...
Maputo 'has best inclusive growth potential in Africa'
MAPUTO‚ the capital of Mozambique‚ has the best potential for inclusive growth compared to other large African cities. Casablanca in Morocco and Lagos in Nigeria rank second and third respectively‚ according to the 2015 MasterCard Read More...
GCC remains top expat destination, says HSBC
Despite a slowdown, Gulf countries remain most favoured place in the world for expatriates for enabling them greater ability to save with higher disposable incomes.      With the GCC offering among the strongest wealth creation Read More...
Chinese president to head to Africa
HARARE, Zimbabwe (AP) — Some immigration signs at Zimbabwe's main international airport are in Chinese, a sign of China's deep economic inroads in Africa, which Chinese President Xi Jinping will visit this week.   Xi arrives Tuesday in ZRead More...
UAE ranked third in ITU's Arab ICT development index
Dubai: Bahrain has made the biggest change in Arab country rankings by jumping 21 places to 27 as per International Telecommunication Union’s 2015 “Measuring the Information Society Report” released on Monday.   The report, wRead More...
Tanzania: Government in New Plan to Boost Productivity in Farming
Dodoma — The government is considering to end its role in deciding when and where farmers should sell their produce to enhance productivity, an official in the Prime Ministers' Office has said.   The plan, he said, was to soon get rid ofRead More...
Tanzania: Government in New Plan to Boost Productivity in Farming
Dodoma — The government is considering to end its role in deciding when and where farmers should sell their produce to enhance productivity, an official in the Prime Ministers' Office has said.   The plan, he said, was to soon get rid ofRead More...
Qatar drops on MSCI outflow; UAE equities up
Qatar's stock market closed sharply lower on Monday as traders cited outflows of funds due to changes in MSCI's emerging market index and concern about the impact of low oil and gas prices on the Qatari economy.   The main index tumbled 4.4 peRead More...
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